Excellent Opportunity to Own a Well Maintained Four Unit MultiFamily Building (fourplex) in the City of Long Beach! 100% Performing Leases at TOP MARKET RENTS!! Each Unit has been Extensively Remodeled with New flooring, New cabinetry, Granite countertops, Appliances, Fixtures, Paint, Lighting, and a Community Laundry Room-Leased! Each Unit has Plenty of parking, offering 3 (1) car Garages with newer garage doors, and additional spaces. Courtyards and patio space! Walkscore is 87 with Libraries, Art Museums & Galleries, Grocery Markets, & Restaurants. Nearby Parks include Douglas MacArthur Park, Rose Park and Orizaba Park. Quick access to transportation. Unit Mix Consists of (1) 1bed/1bath 330Sq Ft, leased at $835/mo through June 2018, (1) 2bed/1bath 865 Sq Ft, leased at $1,635/mo through July 2018, (1) 3/1 720 Sq Ft leased at $1,405/mo through October 2017 and (1) 3bed/1.5bath 865 Sq Ft leased at $1,530/mo through May 2017. This is an Excellent Opportunity for an Investor looking for a turn key Investment that is Cash Flowing and fully Leased with great tenants. If you're looking for a Fantastic ROI, you've found the one! Don't Miss out!
Off market
$1,246,800
1039 Saint Louis Ave, Long Beach, CA 90804
9beds
2,892sqft
MultiFamily
Built in 1924
-- sqft lot
$1,246,800 Zestimate®
$431/sqft
$2,878 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Wall, Gas
Cooling
- Wall
Appliances
- Included: Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,892 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage - Detached, Off-street
Features
- Exterior features: Stucco, Cement / Concrete
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,850 sqft
Details
- Parcel number: 7262008008
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1924
Community & neighborhood
Location
- Region: Long Beach
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Estimated market value
$1,246,800